Funding arb · Price arb /

UNI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0260%/8h= +28.4% APRpaid last 24h +0.070%

Price spread now: Reya against HTX+0.162%47s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Reya is 0.162% dearer against HTX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX UNI-USDT	8.8657	0.0100	pay 0.0100% / 8h	2h 33m	$724K	$4.3M	75x
Short	Reya UNIRUSDPERP	8.8801	0.0360	get 0.0045% / 1h	33m 24s	$16K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee ReyabpOrdersPrice spread, now +0.162%Rate

Funding earned: $54.53
Price spread: +0.162% → 0.000%: $16.21
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: $52.74
Costs to cover: 0.180%
Break-even: 0.2 days

Slippage unknown: HTX: live order book, 1 min ago; Reya: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 1 min ago	3.87 bp	41.8 bp −$42	88.3 bp −$883	364.4 bp −$36.4K	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni UNI	−0.0185%	8h	8.8292	−0.412%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0154%	8h	8.8760	+0.116%	$101.8M	$105.2M	75x	as long as short
01 Exchange UNIUSD	0.0000%	1h	8.8846	+0.213%	$443	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8824	+0.188%	$562K	$134K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8851	+0.219%	$80K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0014%	8h	8.8740	+0.094%	$54.5M	$246.6M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8813	+0.176%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8852	+0.221%	$847K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8890	+0.263%	$1.0M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8900	+0.274%	$297K	$561K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.8837	+0.203%	$217.3M	$594.0M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8900	+0.274%	$274K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8820	+0.184%	$23.1M	$59.1M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8810	+0.173%	$43.1M	$24.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8820	+0.184%	$13.8M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8800	+0.161%	$32.2M	$41.3M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8810	+0.173%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8551	−0.120%	$984K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8490	−0.189%	$166K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8615	−0.047%	$619K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8490	−0.188%	$84K	$712K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8560	−0.109%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8858	+0.227%	$87K	$323K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8770	+0.127%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8814	+0.177%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8755	+0.111%	$25K	$661K	10x	as long as short
HTX UNI-USDTlong	+0.0100%	8h	8.8657	long leg	$724K	$4.3M	75x
Phemex UNIUSDT	+0.0100%	8h	8.8550	−0.121%	$26.7M	$4.3M	50x	as long as short
dYdX UNI-USD	+0.0100%	1h	8.8986	+0.371%	$246K	$5K	10x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8725	+0.076%	$300K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8785	+0.144%	$32K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8640	−0.019%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8480	−0.200%	$9.8M	$3.3M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	8.8788	+0.148%	$5.0M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0314%	1h	8.8930	+0.308%	$96.7M	$59.9M	10x	as long as short
Reya UNIRUSDPERPshort	+0.0360%	1h	8.8801	+0.162%	$16K	—	20x
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.8841	+0.208%	$557K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0484%	1h	8.8564	−0.105%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0536%	1h	8.8922	+0.299%	$4.5M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.854%	$657	$97K	12x	as long as short